Tenderize Raises $3M in Seed Funding
- Tenderize, a London, UK-based maker of a staking derivatives protocol, raised $3M in seed funding
- The round was led by Eden Block with participation from TRGC, Encode Club, Figment, Daedalus Angels, and other angels from Messari, Livepeer, and Steakwallet
- The company adds utility to staked assets of web 3 protocols through its staking derivatives protocol
- Through its protocol, users can unlock liquidity, collateralize loans and trade tokens, all while maintaining a staked position represented by an ERC20 token
- The company currently supports The Graph, Polygon, Livepeer, and Audius with support for the user’s favorite protocol coming soon
